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GreenEnergyBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA) Announces Shareholder Update on Path to Commercialization

Hillcrest (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) is a clean tech company developing transformative power conversion technologies and control system solutions for next-generation electric vehicles and electrical systems. The company today announced that commissioning of the 250 kW 800V commercial prototype EV inverter is progressing on schedule. Hillcrest has faced and resolved issues typical of developing new technologies, such as its novel Zero Voltage Switching (“ZVS”) inverter technology. Among these, Hillcrest faced high-frequency ringing in the power modules, a frequent challenge when operating an inverter at high power levels. Ringing causes electromagnetic interference (“EMI”), which is unwanted noise or interference that can adversely affect the performance of a whole range of vehicle components and systems. Led by CTO Ari Berger, the Hillcrest technical team has resolved this issue and remains on track with critical three-phase commissioning and testing activities. The company is on schedule to deliver commercial prototypes to customers by the fourth quarter of 2022. “This was important to ensure safe operation at the lowest possible EMI,” said Berger. “Being able to achieve lower EMI may result in a need for smaller EMI filters, which then translates into reduced overall weight and cost as well as safer, more reliable performance of important onboard components and subsystems in the electric vehicle.”

To view the full press release, visit https://ibn.fm/saLse

About Hillcrest Energy Technologies Ltd.

Hillcrest is a clean technology company developing high value, high performance power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future. Hillcrest is publicly traded on the CSE under the symbol HEAT, on the OTCQB Venture Market as HLRTF and the Frankfurt Stock Exchange as 7HIA. For more information, please visit www.HillcrestEnergy.tech.

About Green Energy Stocks

Green Energy Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

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